Next Wave Impact | Where Latinos Get Funding
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Where Latinos Get Funding

 An online resource for Latino business owners that provides an overview of the different kinds of financing, a list of capital providers, especially those that are focused on funding Latino entrepreneurs, and other resources to support Latino companies in raising funds.


An Initiative of the Aspen Institute’s Forum on Latino Business Growth; Hosted by Next Wave Impact


 (This is a work in progress. Please send resources to include to


For some Latino business owners, a lack of knowledge about the various sources of available financing may be preventing them from accessing the capital they need to scale. The goal of this initiative is to create an interactive, online business support site where Latino entrepreneurs can access objective, aggregated information about capital options and providers (debt, equity, and alternatives) and assess which choices are the best fit for the size and stage of their company. We hope this resource will make it easier to identify possible funding sources.


Company Categories by Target Revenue Size (not current revenue):

. . . $1 million to $3 million in revenue        = Rabbit

. . . $3 million to $10 million in revenue      = Zebra

. . . $10 million to $100 million in revenue = Gazelle

. . . $100 million to $1 billion or more in revenue  = Unicorn



Financial Institutions:

  • Large Commercial Banks
  • Small Commercial Banks
  • Credit Unions
  • Community Development Financial Institutions (CDFIs)
  • Small Business Administration Loans (7a program,SBIC Program)


Online Lenders:


Camino Financial
Lending Club


Specialized Debt Funds:


iFund Women
Kiva US
Small Business Community Capital





Angel Investors

Golden Seeds
Pipeline Angels
Social Venture Circle


Venture Capital Funds


500 Startups
AmplifyHer Ventures
Backstage Capital
Belle Capital USA
Candide Group
Chingona Ventures
Chloe Capital
Comcast Ventures Catalyst Fund
Cross Culture Ventures
DiverseCity Ventures
Equal Ventures
Estancia Capital Management
Florida Funders
Harlem Capital
HCP & Company
ICV Partners
Illumen Capital
Impact America Fund
Intel Capital Diversity Fund
JumpStart Focus Fund
Kapor Capital
Las Olas Venture Capital
LDR Ventures
Lightship Capital
Meridian Management Group
MultiPass Ventures
NCT Ventures
New Voices Fund
NewAge Capital
NewSpring Capital
Next Wave Impact
Omidyar Network
Precursor Ventures
Reinventure Capital
Rubenstein Partners
Serena Ventures
SIRIS Capital Group
Sogal Foundation
Surge Private Equity
Valor Ventures
Vamos Ventures
VilCap Investments


Private Equity Firms

Small Business Community Capital:





Revenue Based Financing


Earnest Capital
Indie VC
Lighter Capital
Founders First Capital Partners




Hillman Accelerator
digitalundivided (DID)
Camelback Ventures
E Para Todos

The Guayacán Venture Accelerator (GVA) is the only executive development program offered in Puerto Rico designed to rapidly propel the growth of existing companies.



Black & Brown Founders
Suazo Center
VC Include


Other non-dilutive funding:


Rewards Based Crowdfunding:






Press Releases:


Other Resources: